The NebuTech BTMiner is the first Nvidia GPU miner for Bytom (BTM) and although the early versions were a bit problematic it is pretty stable now. Last month Bminer 9.0.0 got BTM support and it was faster in terms of hashrate, but the latest version of BTMiner NebuTech v5.1 is the fastest once more leaving the Antminer B3 Bytom ASIC miners in the dust in terms of performance. The Antminer B3 ASIC miner currently probably does just about half the hashrate of a single GeForce GTX 1080 Ti GPU. Unfortunately while the hashrate of Bytom (BTM) is increasing the price of the coins seems to be going down slowly at the moment.
Archives for July 12, 2018
Fujitsu has launched a new blockchain consultancy service it claims will deliver a minimum viable product in just five days.
Real-time gross settlement system, currency exchange, and remittance network Ripple has announced the addition of Kahina Van Dyke to its leadership team as the new senior vice president of business and corporate development. The banking and technology veteran “will focus on driving new, strategic partnerships for Ripple across the global financial services industry.”
‘Bringing Leading Brands Together Through Partnerships’
Van Dyke most notably led global teams at traditional financial institutions like Mastercard and Citibank. However, she most recently served as the leader of Facebook’s Global Financial Services team.
The addition of Van Dyke to Ripple’s leadership seems to fit the San Francisco-based startups goals of revolutionizing the traditional banking system and continually forging new partnerships with traditional financial institutions. Notes the Ripple team:
She also understands the importance of bringing leading brands together through partnerships. Van Dyke has forged relationships between Facebook and many notable companies — Citibank, PayPal, TD Ameritrade, Visa, Western Union and others — to give people in Asia, Europe, Middle East, Africa, and North America easier access to their bank accounts and the ability to send payments on the platform.
She also led the partnership with MasterCard to offer micro-merchants in Africa the ability to enable digital payments through the social media platform. The culmination of these kinds of initiatives has led to better consumer experiences, emerging business models and new distribution channels across more than 50 countries.
Ripple’s announcement of its new addition may come as welcome news to fans of the third largest cryptocurrency by market capitalization. For a company known for making high-profile partnerships at a rapid clip, Ripple has been relatively quiet this summer.
‘Not Just Disruption for the Sake of Disruption’
On the subject of joining Ripple, Van Dyke noted:
Ripple’s approach is not just disruption for the sake of disruption. Ripple is built around establishing partnerships and applying technology to change an industry. I think that is a really powerful message.
It’s why over 100 financial institutions work with Ripple, and will continue to do so. It’s why Ripple has some of the world’s most notable partners, both traditional banks as well as newer fintech players.
However, some might claim that Ripple is not disrupting anything.
Van Dyke’s statements continue to reinforce Ripple opponent’s notions that the ‘decentralized’ blockchain company is the antithesis of the marketplace’s first and foremost cryptocurrency, Bitcoin — which, from its inception, has aimed to undermine the power which banks and traditional financial institutions have over the individual.
What do you think about Ripple’s latest addition to its leadership? Let us know in the comments below!
Images courtesy of Shutterstock, Ripple.
[Full Disclosure: The author of this article is a holder of Ripple (XRP).]
The post Ripple Adds Facebook, Mastercard and Citibank Veteran to Leadership Team appeared first on Bitcoinist.com.
Bitcoin isn’t the only one going down. As the cryptocurrency keeps losing its value, other areas of the industry are starting to take its toll. As Bitcoin, and cryptocurrencies all over the world, skyrocketed in value last year, a new market was born — crypto mining. I’m sure you know at least one person who
The post Gamers’ Relief: Bitcoin Bear Period is Bringing Down High-End GPU Prices appeared first on CCN
U.S.-based mobile stock trading app Robinhood has added two new cryptocurrencies to its trading service.
Wallet and custody startup Ledger is ramping up the number of cryptocurrencies it supports to meet demand from institutional investors.
Gaël Monfils, the 31-year-old French tennis star, is known as “Sliderman” for his on-court showmanship. He may take chances when trying to win Grand Slam matches, but when it comes to personal finance Monfils – who reached a career-high of No6 in the world in 2016 – says he is risk-averse. His investment platform of […]
New York realtors looking to avoid hiccups in their commission payouts can now turn to blockchain-based smart contracts. The first real estate commission split was brokered earlier this summer in Manhattan’s ritzy SoHo neighborhood by New York-based Bapple Realty.
Enabled through data uploaded onto the Zap platform, the seller divvied up a $3,400 commission — paid in Ethereum tokens — to pay the brokerage and the agents involved in the transaction.
Bapple itself is no stranger to blockchain technology and the use of cryptocurrencies. In 2014, the firm agreed to an $18,000 rent and commissions payment with bitcoin. With the current deal, the infusion of blockchain technology within the real estate industry becomes more solidified.
A primary requirement in implementing the blockchain-based transaction included the input of oracles: real world information uploaded into a decentralized application. This is where Zap, founded by Nick Spanos, comes into the picture.
Zap.org, a product of the Synapse Foundation, uses an Ethereum-based ERC 20 token (ZAP) to power its oracle marketplace for smart contracts.
The opportunity to expand blockchain technology further into the real estate industry this summer came about as a Zap client and a Nordic Blockchain Association board member was looking to find a Manhattan-area apartment. At the time, Zap was conducting beta testing of its Android app for smart contracts.
“We thought this would be a good use case,” Spanos told Bitcoin Magazine in an interview.
Spanos, who also founded Bitcoin Center NYC and Blockchain Technologies Corp., explained that implementing smart contracts guarantees agents receive their agreed-upon commissions at the same time as their broker-fee payment.
“The industry needs smart contracts,” Spanos said. “In a real estate office, many people have disagreements because of informal oral agreements that are subject to people’s sometimes-selective memory. However, if their wallet is in the smart contract tied to the deal, it is fixed and immutable. You’re either in or you’re not. Trust is automated.”
Spanos added that Zap is currently testing an app that will allow real estate professionals to build and customize all types of contracts.
“It will compile them and put them on the blockchain,” Spanos said to Bitcoin Magazine. “It’s a small step in the vast potential for smart contracts, but a huge leap for the entire real estate industry.”
Real Estate: Just “One Small Use Case”
While Spanos describes Zap’s progress in the real estate industry as just “one small use case,” the organization itself continues work on expanding its marketplace to incorporate smart contract-compatible data.
“We have vendors preparing to sell every type of data feed, from political data to meteorological data, that will allow smart contracts to execute trades on futures based on anticipated crop yield.”
Spanos added, “ Zap.org recently partnered with Stox prediction markets to be a provider of consensus-verified data.”
A long-time advocate of Bitcoin and blockchains, Spanos’s enthusiasm for the technology continues to grow.
“When was the last time you heard of a technology that, when you think of any given problem, there’s a way that a single technology could be part of the solution? That’s how blockchain is the internet, reinvented,” Spanos said.
“The world has a trust protocol, where financial events can be triggered without depending on an intermediary. The trust revolution is the next revolution. The crypto economy will set the internet free from legacy holdovers in banking and government, and now, any form of exchange can be decentralized.”
In May 2018, Zap announced that it had developed a secure supply management and smart contracts DApp specifically for the oil and gas industry called EnergyLedger.
This article originally appeared on Bitcoin Magazine.
“Currency cannot be digitised” says the Bank of Finland’s Head of Digitalisation.
Authorities in India are likely to choose against a sweeping cryptocurrency ban and treat them as commodities, a report citing a government official has claimed. Citing a senior government official involved in the ongoing regulatory discussion surrounding cryptocurrencies, Quartz is reporting that India is unlikely to enforce a blanket ban on cryptocurrencies despite the newly-enforced
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